Walmart may raise prices on some goods to cope with Trump's tariff policy

Walmart officials said that due to the impact of Trump's tariff policy, the company is expected to increase prices for some goods.

CEO Doug McMillon of Walmart said on the company's quarterly earnings conference call, "We will do our best to keep prices as low as possible. However, given the large scale of tariffs, even considering the level of tariff reductions announced this week, and taking into account the slim margins in the retail industry, we cannot absorb all the pressure."

John David Lanny, CFO of Walmart, told CNBC in an interview on the 15th that consumers may see price increases as early as the end of May, and by June, it will certainly be more noticeable. (Source: Axios News)

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